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May 4, 2018 at 10:25 am #27268
Correct, price does not solely reflect demand. Coin A can have a much higher supply (number of coins available) then coin B. Coin B (lower supply) can have a much higher cost per coin then coin A, but coin A’s market cap (total amount invested) can still be much lower.
Visiting https://coinmarketcap.com is a great way to see this visually.